A recent X post by crypto enthusiast Amonyx has sent ripples through the XRP community, quoting master chart analyst Egrag Crypto, who claims that XRP is on the verge of a major breakout , potentially surging past the $17 mark. According to the analysis, this is not speculative hype, but a technical setup with clear signals. Bullish Chart Patterns Signal Imminent Breakout Egrag Crypto’s projections stem from detailed chart analysis. He identifies a bullish pennant forming on XRP’s macro chart, a historically reliable setup that often precedes explosive price movement. If XRP breaks above the critical resistance level around $3.40, the next leg up could be dramatic. Egrag outlines two key price targets: a conservative target of $15 and a more aggressive trajectory toward $17. He also revisits a larger symmetrical triangle formation, suggesting a measured move projection that reaches approximately $17.76, with long-term potential near $27.30. These projections are backed by Fibonacci extension models, which show key levels at $9.50, $17, and $27, aligning with his broader forecast. Master analyst @egragcrypto says $XRP is about to SMASH through $17 This is not a drill. pic.twitter.com/vtIMuQME3U — Amonyx (@amonbuy) June 25, 2025 Price Action and Broader Market Sentiment As of writing, XRP is trading around $2.22, reflecting a period of consolidation across the crypto market. Despite this, XRP has maintained a bullish structure on higher timeframes. Technical momentum is gradually building, with positive signals emerging from RSI trends and volume indicators. The $3.40 resistance remains the gateway to higher valuations. If this level is broken with conviction, analysts like Egrag believe the $17 target could come into view faster than most expect. However, a failure to break this threshold convincingly would likely delay the rally or prompt a local correction. Institutional and Long-Term Outlook XRP’s long-term outlook continues to attract optimism from analysts and investors alike. The XRP Ledger (XRPL) is increasingly being explored for tokenization and cross-border settlements, especially as traditional finance slowly integrates blockchain solutions. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Institutional interest is gradually rising, especially with the stabilization of Ripple’s legal standing. Although the SEC’s litigation with Ripple continues over institutional sales, the court’s decision in favor of Ripple on programmatic sales remains unchallenged. Recent AI and trend-based predictions suggest XRP could reach $5–$10 by 2025. However, few analysts are as bold as Egrag Crypto in projecting a mid-term move to $17, adding significant weight to his analysis given his track record. If XRP sustains its structure and breaks key levels with strong confirmation, a significant rally may indeed be on the horizon. The coming weeks could prove decisive for XRP’s trajectory and for investors who have patiently waited for the next explosive move. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Master Analyst Egrag Crypto Says XRP Is About to Smash Through $17 appeared first on Times Tabloid .
